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BALQ vs PGX

iShares Nasdaq Premium Income Active ETF vs Invesco Preferred ETF

BALQ

iShares Nasdaq Premium Income Active ETF

Annual cost

0.35%

Fund size

$14M

PGX

Invesco Preferred ETF

Annual cost

0.50%

Fund size

$3.9B

Key differences

  • BALQ costs 0.15% less per year.
  • PGX is significantly larger than BALQ — larger funds tend to be more liquid and less likely to close.
  • PGX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BALQPGX
Annual cost (TER)0.35%0.50%
Fund size (AUM)$14M$3.9B
Since20252008
Dividend yield6.16%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+7.3%
CAGR 3YN/A+6.1%
CAGR 5YN/A-0.3%
Sharpe 3YN/A0.31
Volatility 1Y6.14%
Max drawdown-11.79%-34.10%

Similar to BALQ and PGX